Thursday, February 23, 2012

Welcome to the site of the Mogambo blog

Hello, Junior Mogambo Rangers (JMRs), and welcome to the site of the Mogambo blog, an obligation that I did not want and overtly rejected, and have no intention of living up to any bargain for accepting any responsibilities of any kind, including, but not limited to, personal hygiene, social graces and, especially, blogs, but was given free, as an encouragement, by the folks at GoldSeek.com, for perhaps nefarious reasons that I can only darkly guess at, and shudder at the thought.

But if you wish to waste your time reading this crap and ending up saying, as most everybody does, "What is this Stupid Mogambo Crap (SMC)? I can pull better economic and investing stuff than that out of my butt!", then fine with me, but you were warned.

And trust me: You won't get any respect for it, either.

So I thought I would kick things off, in my Charming Mogambo Way (CMW), by telling you that the whole thing is a big scam by this time, as corruption, malfeasance and malignant mal-investment are always pandemic at the end of long monetary and fiscal booms, this one has been going on, full-bore, since Reagan, it's the biggest boom in American history, and we, alas, cannot stop.

If you are a real Junior Mogambo Ranger (JMR), you know where I am going with this. No, not about the CIA shooting thought-control beams into our brains from some kind of ray gun that they cleverly keep in the back of garbage trucks so that, every week as the truck passes by, zzzt! A few more neurons in your prefrontal cortex get fried. Zzzt! Zzzt!

No, this is really about how the Federal Reserve is an evil institution that is producing Huge Stinking Amounts (HSA) of new money with which to, among other things, buy the $1.5 trillion in new government debt because the money is needed by the loathsome Obama administration to deficit-spend us into the poorhouse, metaphorically speaking, with the result that we get roaring inflation in consumer prices, literally speaking, which quickly gets to the point that there is rioting in the streets by people tired of starving and listening to their whiny children crying out in hunger because food and energy cost so much that nobody can afford them, and they are really, really sick of hearing The Magnificent Mogambo (TMM) sneering at them in contempt from high atop a palatial mansion teeming with scantily-clad beauties, and saying "I told you to stop Congress and the Federal Reserve from doing that expansion of the money supply crap, and to buy gold, silver and oil if you did! But you did neither, you morons! Now suffer the misery you so richly, richly deserve! Hahahaha!"

Well, I am dismayed that you can't hear the charming-yet-vicious scornful lilt in my voice, but believe me, it's there.

About Me

The Mogambo Guru
Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning , and other fine publications. For podcasts featuring the Mogambo.